2 Bed Flat, R2SA, Morecambe, LA4, £381 cashflow/mo
Back Crescent Street, Morecambe, LA4 - 2 months ago
R2SA
ROI: 75%
Cashflows
Nightly rate | £105 |
Occupancy | 70% |
Gross Rent | £2,236 |
| |
Platform fees | £335 |
Bills & council tax | £540 |
Cleaning fees | £0 |
Rent to landlord | £970 |
Total running costs | £1,846 |
Cashflow/mo | £390 |
| |
Deposit | £1,119 |
Dressing costs | £5,000 |
Total Cash In | £6,119 |
| |
Cashflow/yr | £4,680 |
ROI | 76% |
Payback Period | 16 months |
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